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The ACH is a digital network that processes electronic payments between banks. What is the automated clearing house (ACH)?

By submitting transfer requests in batches-the same way the post office collects and distributes mail at predetermined pickup and delivery times-the ACH network offers a cost-efficient and secure way to move money in exchange for slightly longer processing times than other types of electronic funds transfer. The automated clearing house (ACH) transfer network is like the postal service of the electronic funds transfer (EFT) universe, where individual ACH transactions are like pieces of mail. Think of the postal service: It’s an affordable, reliable, and efficient system for delivering your mail-especially given the volume and distances involved.